Global IME Laghubitta Bittiya Sanstha and Kumari Bank distributing bonus shares directly to DEMAT accounts

Tue, Aug 11, 2020 10:52 AM on Dividend, Bonus & Rights, Latest,

Kumari Bank Limited and Global IME Laghubitta Bittiya Sanstha Limited are distributing bonus shares directly to DEMAT accounts of their respective shareholders.

Global IME Laghubitta Bittiya Sanstha Limited is distributing 17.5% bonus shares while Kumari Bank Limited is distributing 8.55%.

For investors of GILB who had taken a loan against shares by Kartik 25, 2076, the company has requested its investors to bring a No Objection Letter from their lender, or request the lender to free their shares if the loan has already been repaid.

Meanwhile, Kumari Bank has requested its shareholders to pay the tax amount for bonus share distribution purposes for investors who purchased the bank's shares after Ashad 30, 2076.